

Sensex Plummets 372 Points as US-Iran Tensions and Oil Prices
Breaking News. Sensex Plummets 372 Points as US-Iran Tensions and Oil ... Ponmudi R, the CEO of online trading firm Enrich Money, noted that global


Breaking News. Sensex Plummets 372 Points as US-Iran Tensions and Oil ... Ponmudi R, the CEO of online trading firm Enrich Money, noted that global


Stock Markets Decline as Renewed Geopolitical Tensions Unnerve
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said
OOutlook Business


Stock markets decline as renewed geopolitical tensions unnerve
Ponmudi R., CEO of Enrich Money, an online trading and wealth tech firm, said. In Asian markets, South Korea's Kospi settled lower, while Japan's Nikkei 225
Wwww.thehindu.com


stock-market-decline-amid-renewed-tension-in-middle-east-sensex
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. In Asian markets, South Korea's Kospi settled lower, while Japan's Nikkei 225
TThe Daily Jagran


Brent Crude Oil Price Today (June 29): Brent Rises Above $72, WTI
According to Ponmudi R, CEO of Enrich Money, crude oil continues to trade in ... Donald Trump Latest News: Republican Senator Bill Cassidy Slams Trump
TThe Sunday Guardian


Sensex drops 370 points on renewed geopolitical tensions - Rediff
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. ... More News Coverage. Kotak Mahindra BankAshok VaswaniNiftyIran. MORE FROM
Wwww.rediff.com


Gold volatile on MCX, Silver falls Rs 2300/Kg; Check latest city-Wise
Market experts said gold may remain cautious in the near term. According to Ponmudi R, CEO of Enrich Money, immediate resistance for gold is seen around Rs 1,
DDynamite News


Sensex Falls 372 Points, Nifty Slips Below 24,000 Amid US-Iran
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. In Asian markets, South Korea's Kospi settled lower, while Japan's Nikkei 225
Wwww.deccanchronicle.com


Stock markets decline as renewed geopolitical tensions unnerve
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. ... Sen Times Group Pvt Ltd, is an independent online news organization dedicated to
TThe Sen Times
Stock market today: Which are the top gainers and losers in BSE
Ponmudi R, CEO of Enrich Money, said, PTI quoted. In Asia, South Korea's ... Get the latest business news and top stories. Download the TOI App. Ready
TThe Times of India
Pre-Market Outlook
07:25 AM
Indian equity markets are expected to trade on a cautious note following a renewed flare-up in geopolitical tensions after fresh military exchanges between the U.S. and Iran. Although both sides have reportedly agreed to halt further attacks following the latest escalation, the developments have reintroduced an element of uncertainty into global financial markets and are likely to keep investor sentiment guarded in the near term.
That said, broader diplomatic efforts and peace negotiations remain underway, offering hope that tensions can be contained. Continued progress on the diplomatic front could help limit downside risks and provide support to global risk sentiment in the sessions ahead.
Crude oil prices are currently trading in the $69–70 per barrel range, remaining well below the highs witnessed during the recent Middle East conflict. Although the latest flare-up in regional tensions triggered a brief bout of volatility in energy markets, crude prices have remained largely contained, providing continued relief to India's macroeconomic outlook.
Technical view
Nifty 50
Nifty 50 continues to maintain a constructive technical structure, with the index consolidating below a key resistance zone while holding firmly above its important support levels. From a technical perspective, the 24,100–24,200 region, which coincides with the 100-day Exponential Moving Average (EMA), continues to act as the immediate resistance zone. A sustained breakout above this band would reinforce bullish momentum and could pave the way for an advance towards the 24,400 region, which remains the next significant upside target.
On the downside, the 24,000 psychological mark continues to serve as the immediate support, followed by the 23,900–23,800 support zone. Holding above this region will be crucial to preserving the prevailing recovery structure and maintaining the positive undertone. However, a decisive break below 23,800 could trigger fresh profit booking and expose the index to further downside towards the 23,600 support region. Overall, the near-term technical outlook remains constructively bullish. As long as Nifty 50 sustains above its key support levels, the broader recovery trend is likely to remain intact.
Bank Nifty
Bank Nifty continues to exhibit relative strength and remains comfortably positioned above its 20-day, 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs). From a technical perspective, the 58,500 level continues to act as the immediate resistance zone. A sustained breakout above this level would reinforce bullish momentum and could extend the ongoing rally towards the 59,000–59,200 region, which remains the next significant resistance area.
On the downside, the 58,000 mark is expected to provide immediate support. Holding above this level will be crucial to preserving the prevailing positive structure and maintaining the broader uptrend. Below this, the 57,600–57,500 region, which previously acted as a resistance zone, is expected to offer stronger support in the event of any corrective move. However, a decisive break below 57,500 could trigger fresh profit booking and drag the index towards the 57,000 support level. Overall, the near-term technical outlook remains cautiously positive. As long as Bank Nifty sustains above the 58,000 mark and its key support levels, the broader uptrend is likely to remain intact.
Ponmudi R, CEO of Enrich Money
NIFTY50
BANK NIFTY

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